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mortgage rate

British

noun

the level of interest charged by building societies and banks on house-purchase loans

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The 30-year mortgage rate remained at 6.16% as of Friday, Jan. 30, according to Mortgage News Daily.

From MarketWatch

That was the reason the 30-year mortgage rate didn’t move either way.

From MarketWatch

The way the financial markets influence the 10-year Treasury note, and by extension the 30-year mortgage rate, is more dependent on their perception of the Fed’s independence and economic data, Krimmel said.

From MarketWatch

Most people think affordability is the sum of the sticker price and mortgage rate.

From Barron's

In 2024, existing-home sales were 4.06 million, the lowest level since 1995, largely due to mortgage rate lock-in.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023